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“PIGO” tax rate to be set around 42.5 percent
The Philippines gaming regulator is looking to set a tax rate of 42.5 percent on GGR for land-based casinos offering online gambling - which is also known as “PIGO” (Philippines Inland Gaming Operator), according to a source close to the matter.
Large POGO at Subic Bay shuts its doors
Great Empire Gaming and Amusement Corp., one of the POGOs that had been based at Subic Bay, has shuttered its business under the Covid impact, putting a thousand Chinese out of work.
Manila property sector expects continuing POGO exodus
Manila’s property sector is bracing for the continuing exodus of Philippine Offshore Gaming Operators (POGOs) and their service providers as almost 300,000 square meters, or 17 percent, of total office space will be vacant by year-end.
More POGOs set to leave the Philippines: Domingo
The Philippine Amusement and Gaming Corporation (PAGCOR) has warned that more gaming firms could close down as a result of stringent tax rules and...
Five POGOs have closed in recent weeks
Five Philippine Offshore Casino Operators (POGOs) have closed down due to a difficult business environment caused by the Covid-19, reports Philstar.
The information comes from...
PAGCOR to address POGO issues ahead of 2022 elections
PAGCOR Chairman and CEO Andrea Domingo on Tuesday said that the current state of POGOs, if left unchecked, will be used against the current...
Very few POGOs given green-light to restart operations
Only a handful of Philippine Offshore Gaming Operations (POGOs) have been allowed to resume operations, with applications of others denied, or temporarily shelved due...
POGOs not allowed to open until taxes paid
Not one POGO operator has been given the green light to operate as of now, with all of them instructed to pay their mandatory...
PAGCOR authorizes partial resumption of POGO ops
The Philippine Amusement and Gaming Corporation (PAGCOR) has given the green light to POGO operators to partially resume operations in the country, with the...
Senator wants POGOs to pay up and stay out
A Philippines senator has urged the government to bar offshore gaming operators from reopening once the Luzon-lockdown is lifted, local media reports.
In a report...
Knowledge trumps content in Asia’s complex i-gaming world
In Asia’s complex and diverse igaming landscape, having the right content means business success only if one more key ingredient is included - market knowledge.
Instant and secure deposits
AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.
Australian market report: How to adapt to the new normal
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia's online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Attracting players, not fraudsters
With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
Winning the Chinese Tourist & China Tourism Blacklist
The AGB Webinar hears from Professor Wolfgang Arlt of COTRI, Shirley Tam of Okada Manila and Desmond Lam of UMAC to discuss future expectations...
South Korea Casino Recovery
The fifth edition of the AGB Webinar Series will take you to South Korea, one of the first countries to reopen their gaming industry...
Asia Gaming Briefings – Nov 2020 Edition
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
Asia Gaming Briefings – Oct 2020 Edition
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.
Asia Gaming Briefings – Sep 2020 Edition
IN FOCUS: SPORTS BETTING Ball games bounce back. Major sporting events are slowly ramping up around the world and with them the drama and surprises, not all of them good for sports betting operators.